VIENTIANE, March 5 (Xinhua) — The Lao government has compiled a list of potential development projects to attract domestic and foreign investment, local state-run daily Vientiane Times reported on Monday. According to the list, local and foreign investors are invited with 27 projects in six provinces out of the country’s 18 provinces or cities. The […]
Read MoreKUALA LUMPUR: Maybank Investment Bank Research forecasts a moderation in operating profit growth of Malaysian banks to 5.4% in 2018 from 9.4% in 2017. It said on Tuesday the faster domestic loan growth (Maybank Research estimate: 4.5% vs 4.1% in 2017) and prevailing positive JAWS are offset in part by more modest net interest margins […]
Read MoreMANILA, Philippines — As growth slows in Philippine manufacturing, the sector now lags behind those of its ASEAN peers, the latest survey results of the Nikkei ASEAN Manufacturing Purchasing Managers’ Index (PMI) showed. The headline PMI rose marginally to 50.7 in February from 50.2 in January, indicating a steady although slow improvement in the health […]
Read MoreThe state-run Thailand Tobacco Monopoly (TTM) is expecting the first loss, of about 1.5 billion baht, in its 79-year history, following new excise tax rates which it claims have benefitted importers of foreign cigarettes. This year, the TTM will plunge into the red as it has not been able to reduce its huge spending in […]
Read MoreKhmer Times’ May Kunmakara has the opportunity to discuss the country’s taxation system with the man behind the current push for reform that has led to a more advanced and digitalised system. H.E. Kong Vibol, the director-general of the General Department of Taxation (GDT), explains the role of technology to curb corruption while increasing transparency […]
Read MoreTHE Singapore Malay Chamber of Commerce and Industry (SMCCI) said on Monday that it will hold business missions to eight countries in 2018, with the support of government agency International Enterprise Singapore. The missions are meant to give small and medium-sized enterprises (SMEs) insight into global industry trends as well as the market conditions and […]
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